Lifetime Brands, Inc. Reports Fourth Quarter 2024 Financial Results
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Lifetime Brands, Inc. reported a 6% year-over-year increase in fourth-quarter sales, reaching $215 million. The company also announced a TTM adjusted EBITDA of $55.4 million and launched Project Concord to focus on international business turnaround. Additionally, Lifetime Brands declared a regular quarterly dividend.
March 13, 2025 | 11:15 am
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Lifetime Brands, Inc. reported a 6% increase in Q4 sales and launched Project Concord to boost international growth. The company also declared a regular quarterly dividend.
The 6% increase in sales and the launch of Project Concord indicate positive growth prospects for Lifetime Brands. The declaration of a regular dividend further supports a positive outlook, likely boosting investor confidence and potentially driving the stock price up in the short term.
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IMPORTANCE 80
RELEVANCE 100